Boat Insurance

[KnightShadow10]

Tell me what kind of coverage, ect. you carry

[Cray]

Full replacement

[blueball]

full replacement also

[Eagle 1]

you either need full replacement or shop every year . The initial amount insured will revert to actual book value after one yr . I called my company and asked what amount would I get if boat / atv was stolen ? never got an answer . they will say that claims dept . will contact you . Eventually you will be told that an amount is to be pro rated and is a moving target . you are the target !

["G"]

Full replacement value.....Farm Bureau

[yikess]

Full replacement - State Farm

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[Takeum]

How does the full replacement insurance work on older boats ? is your boat then pro rated or do they figure what the actual cost of same year boat replacement might cost?

[Cray]

Need to check your your agent. Make them explain how their coverage would work.

[KnightShadow10]

What about liability? I worry about an accident with a non-family member

[clfarms1]

It most likely will be insurance that is tied to your homeowners policy in a lot of cases. It will cover your boat at its value, will have liability coverage for whatever amout your select and your agent will help you with that. Now a couple of things, your tackle , trolling motor, electronics will only be covered to a certin level and you will have to give values,serial numbers, and up the coverage on them on a seperate rider. And be sure to check that your motor isnt over the coast guard rating for the boat or most companines wont cover it. Mine is rated for a 60 and I have a 70 on it, but my insurance company said that the newest version of the boat is rated for a 70 and the fact I am only 10 hp over they will cover it, That is all in writing my agent made sure of that.